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3232Indian Crypto Market Suffers Significantly — Experts Say Trading Volumes Unlikely to Recover Anytime Soon
https://www.digit.info/indian-crypto-market-suffers-significantly-experts-say-trading-volumes-unlikely-to-recover-anytime-soon/
Tue, 27 Dec 2022 04:00:09 +0000https://www.digit.info/2022/12/27/indian-crypto-market-suffers-significantly-experts-say-trading-volumes-unlikely-to-recover-anytime-soon/Read more]]>Crypto trading volumes in India have plunged significantly this year. The FTX meltdown has exacerbated the problem, hurting “the sentiment across crypto tokens.” Local crypto experts are not expecting a recovery in the near future “Unless something dramatic happens” in the upcoming Union Budget. Indian Crypto Market ‘Dead’ Since April, Says Expert Cryptocurrency trading volumes […]
]]>Indian Crypto Industry Seeks Tax Clarity in Union Budget 2022-23
https://www.digit.info/indian-crypto-industry-seeks-tax-clarity-in-union-budget-2022-23/
Mon, 10 Jan 2022 04:30:16 +0000https://www.digit.info/2022/01/10/indian-crypto-industry-seeks-tax-clarity-in-union-budget-2022-23/Read more]]>An Indian industry association has written to the country’s finance minister seeking clarity on cryptocurrency taxation in Union Budget 2022-23. “The budget should ideally offer coherent rules on direct taxation and the GST Council should detail the applicability of taxation, else there will be confusion.” Industry Wants Clarity in Crypto Tax Laws in Union Budget […]